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Driving more resilient global development

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"Economic globalization is facing headwinds, and the world economy is facing the risk of recession. Everyone is having a hard time, and developing countries bear the brunt. We must pay more attention to development issues than ever before."

At the first phase meeting of the 17th G20 Summit, President Xi Jinping emphasized the need to promote more resilient global development, to outline prospects and directions for global recovery and sustainable development, and to demonstrate Chinese wisdom , China is responsible.

Enhance the resilience and stability of global industrial and supply chains

At present, the COVID-19 epidemic has repeatedly delayed, and the recovery of the world economy is facing various challenges. Unilateralism and protectionism are on the rise. Global industrial and supply chains are being impacted. Issues such as inflation, food, and energy security are complex and severe.

To promote more resilient global development, we must pay more attention to development issues than ever before, build a partnership for global economic recovery, insist on giving priority to development, put people at the center, always keep in mind the difficulties of developing countries, and accommodate the concerns of developing countries .

Klaus Schwab, founder and executive chairman of the World Economic Forum, believes that all mankind has a shared future, and countries should show wisdom and responsibility to jointly build a more sustainable, inclusive and resilient world. "In the next few years, we will see adjustments in supply chains, profound energy transitions, related initiatives to enhance economic resilience … If each country only pursues its own interests, there will be large-scale de-globalization risks, and eventually we will The situation will only get worse.”

At present, China's economy has shifted from a stage of high-speed growth to a stage of high-quality development, and the manufacturing industry is accelerating its transformation and upgrading, moving towards the high end of the global industrial chain. The report of the 20th National Congress of the Communist Party of China stated that it is necessary to "enhance the endogenous power and reliability of the domestic cycle, improve the quality and level of the international cycle, accelerate the construction of a modern economic system, focus on improving the productivity of all factors, and focus on improving the resilience and safety of the industrial chain and supply chain. ". To promote more resilient global development, China not only sincerely shares experience and technology with the world, but also actively proposes to deepen cooperation with all parties.

Enhancing the resilience and stability of the global industrial chain and supply chain is an important guarantee for helping the economic recovery of various countries, smoothing the flow of the world economy, and improving the well-being of human society. This year, China, together with six partner countries including Indonesia and Serbia, launched the "International Cooperation Initiative on Building a Stable and Resilient Industrial and Supply Chain". A total of 20,000 intermodal trains have been operated; as of November 7, the cumulative cargo transported by the China-Laos Railway has exceeded 10 million tons; the Hainan Free Trade Port has opened the first African ocean-going container route… Daily necessities and production materials produced in China are shipped to countries in a timely manner , To create conditions for ensuring the smooth supply chain of the global industrial chain.

Ivona Rajevac, deputy director of the Serbian Institute of International Political Economy, said that China has provided impetus to help other countries overcome the impact of the epidemic and provide impetus for the recovery of the world economy.

Global development cannot be achieved without a peaceful and stable international environment. At this G20 summit, President Xi Jinping emphasized that the purpose of proposing the global security initiative is to work with everyone to carry forward the spirit of the UN Charter, adhere to the principle of indivisible security, adhere to the concept of common, comprehensive, cooperative and sustainable security, and advocate through negotiations Eliminate conflicts, resolve disputes through consultations, and support all efforts to resolve crises peacefully.

Hwang Jae-ho, president of the Korea Institute for Global Strategic Cooperation, believes that only solidarity, cooperation and joint development are the correct direction to overcome the crisis. The global development initiative and global security initiative put forward by China are in line with the concept of building a community with a shared future for mankind. They are committed to improving the well-being of all mankind, promoting the common development and progress of all countries, and creating a safe and stable regional and international environment. Certainty.

Accelerate green transformation and promote sustainable development

China has always been committed to the healthy development of the world economy. "Global trade, digital economy, green transformation, and anti-corruption are important factors to promote global development." At this G20 summit, President Xi Jinping pointed out the direction for promoting sustainable growth of the world economy.

During China's hosting of the G20 Hangzhou Summit, the digital economy was included in the G20 agenda for the first time, proposing innovative development methods and tapping growth momentum. At the G20 Bali Summit, China proposed the "G20 Digital Innovation Cooperation Action Plan", which aims to promote the innovative application of digital technology and realize the inclusive sharing of innovation results. Indonesian Economic Coordinating Minister Airlanga Hartato said that President Xi Jinping hopes that all parties will stimulate the vitality of digital cooperation so that the fruits of digital economic development will benefit the people of all countries. Indonesia fully agrees with this. Indonesia is the leading digital economy market in Southeast Asia, and Indonesia and China have the potential to cooperate in the digital economy.

From the introduction of green finance into the G20 agenda for the first time in 2016, to the joint formulation of the G20 Sustainable Finance Roadmap with other countries in 2021, China has provided important guidelines for guiding international market capital support to address climate change. At the G20 Bali Summit, the Chinese side emphasized: "To cope with the challenge of climate change and transition to green and low-carbon development, we must provide support to developing countries in terms of capital, technology, and capacity building based on the principle of common but differentiated responsibilities. Actively carry out green financial cooperation."

Patricio Giusto, director of the Argentina-China Research Center, said that in recent years, China has helped Argentina, Brazil, Chile and other countries build a series of wind power, hydropower, and photovoltaic power station projects, using advantages such as technology, capital, and personnel to help Transition to cleaner and greener energy in Latin America will accelerate the green transformation of society and economy and promote sustainable development.

Mohammad Al Ajlan, Chairman of the Saudi-China Business Council, commented that China once again sent a message to the world at the G20 Bali Summit that we need common development and common prosperity. "China has provided an excellent solution to the world facing severe challenges, which will help promote the international community to jointly implement the United Nations 2030 Agenda for Sustainable Development and jointly promote global development towards a balanced, coordinated and inclusive new era when global development encounters outstanding difficulties. stage."

Let the development results benefit every country and every person more and more equitably

"We want to build a partnership for global economic recovery, adhere to the development priority, put the people at the center, always think about the difficulties of developing countries, and take care of the concerns of developing countries." The cooperation vision of "common recovery, strong recovery" conveys the support of the G20 It is an important signal for the development of developing countries and avoiding the differentiation and uneven recovery of the world economy.

"Let the fruits of development benefit every country and every person more and more equitably." President Xi Jinping emphasized that in this regard, countries should do what they say and post more report cards instead of shouting slogans.

From promoting the construction of a global economic recovery partnership, to improving the accessibility and affordability of vaccines, drugs, and diagnostic methods in developing countries; from creating a global development and South-South cooperation fund, and increasing China-United Nations Peace and Development Fund From investment to the full implementation of the G20 Debt Suspension Initiative, China has practiced "real development is the common development of all countries" with practical actions.

Su Xiaohui, deputy director of the Institute of American Studies at the China Institute of International Studies, believes that whether it is in the report of the 20th National Congress of the Communist Party of China or on the international multilateral stage, China has always emphasized the integration of developing countries into the process of economic globalization. At the same time, China continues to pay attention to the development rights and interests of developing countries, promotes the development of the international order in a more just and reasonable direction, and enhances the voice of developing countries in the international system.

At the G20 Bali summit, China expressed its support for the African Union to join the G20. In this regard, Rahmantara Osman, the representative of the African Union in China, expressed emotion that African countries need to make their own voices heard on international occasions that play a key role in decision-making. China's support for the AU's participation in the G20 demonstrates the profound friendship between Africa and China and China's consistent support for African countries. Marzuki, the former speaker of the Indonesian National Assembly, believes that China is an important force to promote global development and is helping developing countries to make a stronger voice on the international stage.

Promote the overall progress of mankind with Chinese-style modernization, bring new opportunities to the world with China's new development, and provide more stability and certainty for the turbulent world. Pelincek, chairman of the Turkish Patriotic Party, said that China has made significant contributions to promoting cooperation among developing countries, effectively safeguarding multilateralism, and demonstrating the responsibility of a responsible major country.

"People's Daily" (version 03, November 24, 2022)

(Editors in charge: Yuan Bo, Hu Yongqiu)

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